SEC Form 4 · accession 0001588305-15-000014
DEAN FOODS CO · DF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S. Craig McCutcheon
Officer — SVP - Logistics
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 6:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000931336
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2015 | M | 2,088 | $0.00 | A | 2,088 | D | |
| Common Stock | Feb 13, 2015 | D | 2,088 | $16.19 | D | 0 | D | |
| Common StockF1 | Feb 15, 2015 | M | 2,435 | $0.00 | A | 2,435 | D | |
| Common Stock | Feb 15, 2015 | D | 2,435 | $16.19 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Award DP001528F1,F3 | $0.00 | Feb 13, 2015 | M | 2,088 | D | Feb 13, 2015 | Feb 13, 2024 | Common Stock | 2,088 | 4,176 | D |
| Phantom Stock Award DP701206F1,F3 | $0.00 | Feb 15, 2015 | M | 2,435 | D | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 2,435 | 2,435 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 16, 2015 | A | 10,005 | A | Feb 16, 2016 | Feb 16, 2025 | Common Stock | 10,005 | 10,005 | D |
Explanation of responses
- F1Each unit of phantom stock is the economic equivalent of one share of Common Stock of the issuer. At settlement, the Reporting Person received the cash value of the unit.
- F2The reporting person received an award of restricted stock units, which is the right to receive shares of Common Stock of the Issuer in the future, subject to the terms and conditions of the award agreement.
- F3This award vests annually, on a pro rata basis, over a 3-year period beginning on the first anniversary date of the award.